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First Bancorp

164 hedge funds and large institutions have $646M invested in First Bancorp in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 68 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

990% more call options, than puts

Call options by funds: $3.27M | Put options by funds: $300K

0.14% more ownership

Funds ownership: 66.39%66.53% (+0.14%)

4% less funds holding

Funds holding: 171164 (-7)

19% less capital invested

Capital invested by funds: $799M → $646M (-$152M)

29% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 24

31% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 68

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
164
Holders Change
-7
Holders Change %
-4.09%
% of All Funds
3.65%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
17
Increased
47
Reduced
68
Closed
24
Calls
$3.27M
Puts
$300K
Net Calls
+$2.97M
Net Calls Change
-$5M
Name Holding Trade Value Shares
Change
Change in
Stake
FHA
151
First Horizon Advisors
Tennessee
$8K
Rockefeller Capital Management
152
Rockefeller Capital Management
New York
$7K
PCM
153
Prelude Capital Management
New York
$7K +$8.21K +220 New
WAM
154
Wealthspire Advisors (Maryland)
Maryland
$7K +$8.44K +226 New
LWANC
155
Laurel Wealth Advisors (North Carolina)
North Carolina
$6K +$6.54K +175 New
CFGS
156
Concourse Financial Group Securities
Alabama
$5K -$1.64K -44 -20%
US Bancorp
157
US Bancorp
Minnesota
$5K
Fidelity Investments
158
Fidelity Investments
Massachusetts
$3K
JA
159
JOYN Advisors
Georgia
$2K
MPWT
160
MassMutual Private Wealth & Trust
Connecticut
$1.67K
RCAG
161
Rehmann Capital Advisory Group
Michigan
$1.21K
ASN
162
Advisory Services Network
Georgia
$1K
SFSIG
163
San Francisco Sentry Investment Group
California
$1K +$1.16K +31 New
Carson Wealth (CWM LLC)
164
Carson Wealth (CWM LLC)
Nebraska
$1K +$1.42K +38 New
BCM
165
Bridgeway Capital Management
Texas
-$4.16M -102,579 Closed
ZDA
166
Zweig-DiMenna Associates
New York
-$3.54M -87,330 Closed
CCMG
167
Clark Capital Management Group
Pennsylvania
-$2.84M -70,139 Closed
OAM
168
Oxford Asset Management
United Kingdom
-$2.2M -55,348 Closed
PCM
169
Piermont Capital Management
Missouri
-$1.42M -35,011 Closed
Two Sigma Investments
170
Two Sigma Investments
New York
-$1.39M -34,406 Closed
Citadel Advisors
171
Citadel Advisors
Florida
-$1.12M -27,554 Closed
GCP
172
GSA Capital Partners
United Kingdom
-$789K -19,480 Closed
IAA
173
Independent Advisor Alliance
North Carolina
-$387K -14,182 Closed
Arrowstreet Capital
174
Arrowstreet Capital
Massachusetts
-$535K -13,200 Closed
Axa
175
Axa
France
-$523K -12,900 Closed

FBNC Hedge Fund Activity: Q4 2018 in Review

164 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBNC) for Q4 2018, worth a combined $646M — down 19% from $799M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of FBNC and 17 opened new positions — a net loss of 7 holders — while 68 trimmed existing stakes and 47 added.

The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $39.5M. The largest seller was Wellington Management Group, cutting an estimated $9.08M.

  • 164 institutional investors held First Bancorp (FBNC) as of Q4 2018, down from 171 in Q3 2018.
  • Funds reported $646M of First Bancorp stock for Q4 2018, down 19% quarter-over-quarter.
  • 17 funds opened new First Bancorp positions in Q4 2018 and 24 closed out, a net change of -7 holders.
  • The largest First Bancorp buyer in Q4 2018 was Vaughan Nelson Investment Management, an estimated $39.5M added.
  • The largest First Bancorp seller in Q4 2018 was Wellington Management Group, an estimated $9.08M sold.

Based on aggregated 13F filings for Q4 2018.